Here are the 2 big things we’re watching in the stock market this week
The three -month swelling rally on Wall Street’s cooling trade tensions will be tested this week. This is an extremely light weekend Economic Data and Earning Bulletin, that is, every small part of information received by investors will be enlarged. Against this sparse ground, President Donald Trump’s trade policy before a long -awaited deadline will probably be the dominant market story of the week. S&P 500, in this important period, on April 8 at record heights and 26% increase, Tariffs: Trump’s 90 -day “mutual” tariff pause ends and more upright, more upright, country -specific task rates will be before the tariffs before Wednesday? This is especially the question of the minds of many investors who seem to be mixed messages from Trump administration. Trump said on Tuesday that he “did not think” to extend the tariff pause beyond July 9th. During the 90 -day negotiation window, a 10% basic tariff on most US trade partners entered into force. The question was more prominent in the early hours of Friday when Trump told journalists that the US would start sending letters to countries that inform the countries that inform the US new tariff rates. “There are more than 170 countries and how many agreements can you do?” Trump said. “They’re much more complex.” According to Reuters, Trump said he could make a few more agreements with the US trade partners. Treasury Secretary Scott Bessent, who threw more questions in the mixture, said that market tariffs will return to April levels until August 1 for countries without agreements. During an interview on CNN’s “Union Status”, Bessent said August 1 was not a new deadline. “We say it is when it happens, if you want to accelerate something, if you want to go back to your old ratio, your choice.” He said. Indeed, Trump Advisor Peter Navarro’s suggestion that the administration would “make 90 agreements in 90 days” has not been revealed so far. The US has made only a handful of trade announcements since April 9 tariff pause. The United States has accepted a trade framework that saw that China and both sides have reduced tariff rates and increased other retaliation measures. Washington also made an agreement with the UK, which entered into force on June 30th. Last week, Trump announced some details of an agreement with Vietnam, and it will provide us with more access to exporters to exporters, Vietnam’s import to the United States will be subject to a 20% tariff – below the 46% “mutual” tariff rate threatened in April. A potential agreement between the United States and India is a closely monitored agreement after investors after the Reuters have forced negotiators for an agreement. Meanwhile, Wall Street Journal on Wednesday had a great story between Washington and Tokyo about the complex disputes with Japan. In addition, South Korean President Lee Jae Myung said on Thursday, according to Associated Press, the country is not sure whether the country will consolidate an agreement with the US before its deadline. As Wednesday approaches, it is seen how the market will trade. However, recent history argues how positive it has about tariff agreements, the more good it will be for the emotion. At the same time, investors cannot ignore the volatility potential if Trump’s discourse at all – similar to what we see with Canada on the digital service tax that focuses on stocks in the June 27 session last week. Canada proved that there was a short -lived saliva after U -turn in the tax proposal, but its exacerbation shows that the market does not have a tunnel vision in trade. Of course, investors are positioned for better news, although they may be harmonious and start along the way. Trump’s comments on the tariff letters about negotiating agreements underline this possibility. This refers to too much charming conditions, especially with a S&P short -range Oscillato R to the north of 8%. Any challenging conversation from Trump can lead to a major reaction in the market. Money has been made very quickly since the lowest level of April, so many investors and traders may be looking for any reason for snow. In the last days, Jim Cramer suggested that we might want to make more profit on Monday at the morning meeting of Thursday. If we get a big positive deficit on Monday, if this takes us even further to the excess space, which may be an opportunity for members who want to collect cash. On the geopolitical front, we will follow the decisions about the decisions of Russia-Ukraine and Israel-Hamas wars. Although these have not been important stories that have recently moved market, various headings about cease -fire talks have emerged last week. Trump planned to talk to Russian leader Vladimir Putin on Thursday. 2. Earnings: Although no club name is reported, there are three reports to be noted. Delta Air Lines and Conagra Brands will provide information about the health of consumer expenditures on Thursday morning, the owner of healthy choice, hunting and other food brands. More specifically, Delta will give us information about travel appetite and if any, how weak the US dollar’s role in international trips. Conagra will also be worth the inflationary prints in the food and commodity complex. On Thursday night, Levi Strauss will also offer a control about consumer, tariff and supply chain comments. These three earnings, the second quarter earning season when we start to receive news from the largest US banks, think that it is calm before it gets together. July 7 Monday Week Week No Earnings or Economic Bulletin Tuesday, July 8 on July 8 NFIB Small Business Index 6 on Wednesday, May 9 on Wednesday, 14:00 Meat Census Office of the Monthly Meeting Trade Trade 10:00 ET 10 AM 10 ET 10 ET 10 AM PERHANI, DELTA AIR LINES (DALTA) 8:30 (DALTA) 8:30 (DALTA) Foods (SMPL), Troy (especially) Helen: Levi Strauss & Co (WDFC), 11 July Treasury Department’s Monthly Treasury Department (you will look at Jim Cramer’s benevolent confidence) The warning of Jim is waiting for a shareholder after buying a trade warning before buying or selling a shareholder. There is no confidence -based obligation or a particular result or profit.
